$10,300,000
$15,000,000
31.3%For more information regarding the value of a property, please contact us for a free consultation.
5-5016 KUHIO HWY Hanalei, HI 96714
10 Beds
5 Baths
10,252 SqFt
Key Details
Sold Price $10,300,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
Square Footage 10,252 sqft
Price per Sqft $1,004
Subdivision Hanalei
MLS Listing ID 653999
Sold Date 12/09/22
Bedrooms 10
Full Baths 5
Year Built 1973
Annual Tax Amount $46,810
Lot Size 2.320 Acres
Property Description
This unique income producing property located on approximately 2.32 acres, includes five charming plantation style cottages and a well maintained building with retail and restaurant tenants with approximately 294 feet of frontage on Kuhio Hwy and bordering the Hanalei River.
The Hanalei Dolphin Center, a landmark in the community, is approximately 7204 square feet is the first property you'll see on the way to Hanalei town from Princeville. It includes 3 street front retail shops and the popular Hanalei Dolphin Restaurant and Fish Market.
The five cottages are known as The Hanalei Dolphin Cottages. Four of the five cottages are currently rented as short term vacation rentals with Kauai County TVR (Transient Vacation Rental) permits in place. Three of the cottages offer 528 sq ft of living area and the two larger cottages offer 704 sqft of living area. Each cottage features two bedrooms and one full size bath and a private outdoor shower. Each Cottage has its own unobstructed view of the river in one direction and the mountains and waterfalls in the opposite direction.
The property sits along the main strip of shopping, dining and other amenities that give the town of Hanalei its beloved character. The Hanalei River bordering the property is designated
an American Heritage River and the famous Hanalei Bay is only a few minutes away by car or canoe.
This rare opportunity awaits, have your slice of paradise today!
Location
State HI
Area Hanalei
Zoning O
Interior
Flooring Concrete, Ceramic Tile, Carpet, Vinyl
Exterior
Parking Features Other (remarks), Unassigned
Pool No
Building
Sewer Cesspool, Septic, Other (remarks)
Water County, Meter Installed
Others
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
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